Hla Group (SHSE:600398) ROCE %: 23.69% (As of Mar. 2026)

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SHSE:600398 Hla Group Corp Ltd SHSE:600398
87 GF Score
Price ¥5.98
GF Value ¥7.75
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Hla Group ROCE %?

Hla Group SHSE:600398 -0.17% 87 ROCE % is 23.69% as of Mar. 2026. GuruFocus rates SHSE:600398 with a GF Score™ of 87/100 and a GF Value™ of ¥7.75 (Modestly Undervalued). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Hla Group's annualized ROCE % for the quarter that ended in Mar. 2026 was 23.69%.

Hla Group  (SHSE:600398) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Hla Group ROCE % Related Terms

Hla Group ROCE % Historical Data

* Premium members only.

The historical data trend for Hla Group's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hla Group ROCE % Chart

Hla Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.20 16.82 21.67 16.23 15.26

Hla Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.27 18.46 8.56 8.30 23.69
SHSE:600398
87GF Score
Hla Group Corp Ltd SHSE:600398
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hla Group ROCE % Calculation

Hla Group's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=2868.008/( ( (33431.021 - 15256.002) + (34051.01 - 14629.159) )/ 2 )
=2868.008/( (18175.019+19421.851)/ 2 )
=2868.008/18798.435
=15.26 %

Hla Group's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=4699.604/( ( (34051.01 - 14629.159) + (33486.843 - 13238.71) )/ 2 )
=4699.604/( ( 19421.851 + 20248.133 )/ 2 )
=4699.604/19834.992
=23.69 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 23.69% mean?
Hla Group (SHSE:600398) has a ROCE % of 23.69% as of Mar. 2026.
Is Hla Group's ROCE % too high?
Hla Group's current ROCE % is 23.69%. The Manufacturing - Apparel & Accessories industry median ROCE % is 6.13. Hla Group's value of 23.69% is 286.5% above this industry median. Overall, Hla Group has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hla Group's ROCE % compare to RL and LEVI?
Hla Group's ROCE % of 23.69% can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median ROCE % is 6.13. Hla Group's value of 23.69% is 286.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Manufacturing - Apparel & Accessories company?
The median ROCE % among Manufacturing - Apparel & Accessories companies is 6.13, based on 1,039 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hla Group's current ROCE % of 23.69% is 286.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Manufacturing - Apparel & Accessories industry, the median ROCE % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hla Group's current ROCE % is 23.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hla Group stock overvalued right now?
Based on GuruFocus' analysis, Hla Group (SHSE:600398) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥7.75, compared to a current price of ¥5.98 — trading 22.8% below its estimated fair value. The current ROCE % is 23.69% and 286.5% above the Manufacturing - Apparel & Accessories industry median of 6.13. Hla Group's overall GF Score™ is 87/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Hla Group (SHSE:600398), the current ROCE % is 23.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hla Group (SHSE:600398) Overvalued in 2026?

Based on GuruFocus' analysis, Hla Group stock appears to be undervalued. The current stock price of ¥5.98 is trading 22.8% below its estimated GF Value™ of ¥7.75. GuruFocus considers Hla Group to be Modestly Undervalued.

Key valuation signals for SHSE:600398:

  • ROCE %: 23.69%
  • GF Value™: ¥7.75 vs. price of ¥5.98 (22.8% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 286.5% above the Manufacturing - Apparel & Accessories median

No single metric tells the full story. See the SHSE:600398 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hla Group Business Description

Address Xinqiao Town, Jiangsu Province, Jiangyin, CHN, 214421
Hla Group Corp Ltd is a Chinese clothing company. Its businesses include the operation of brand clothes, the production, and sales of upscale suits and professional clothing. Its brand clothing management includes brand management, supply chain management, and marketing network management. The company operates product brands including HLA, HLA Group Buying, OVV, Yingshi YeeHoO, and HLA Optimal Selection. The company offers men's clothing, women's clothing, and accessories.
87GF Score

Get the complete analysis for SHSE:600398

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥5.98
Price
¥7.75
GF Value